Retail

Prime retail rents rise by 3.0% YoY in Q4 2024

Prime retail rents rise by 3.0% YoY in Q4 2024

Rents in Marina Centre, City Hall, and Bugis recorded the highest YoY increase.
6 days ago

What Singaporeans are spending on this Chinese New Year

Food-related expenses make up the largest portion of their spending plans.

LMIRT may not meet minimum interest coverage ratio for FY2024

No financial impact is expected from the potential breach.

From Labubu to Moo Deng: The role of microtrends in retail success

Success in leveraging microtrends relies on two key factors.

Duty Free’s net profit soars to $12.6m in Q3 2024

Revenue also increased by 6.3% to $12.5m.

Retail sector faces headwinds despite expected early 2025 boost

Expected GDP easing to affect retail sales growth this year.

Retail sales decline 0.7% YoY in November as key sectors show mixed performance

Excluding motor vehicles, sales would slip further by 1.4% YoY.

1 in 4 Singaporeans keen to save more money in 2025 – NielsenIQ

Retail discounts will drive spending decisions in 2025.

The best tailors in Asia and their unrivalled craftsmanship

Asia is home to some of the world’s finest tailors. From the storied legacy of Hong Kong's tailoring houses to the precision of Japan's bespoke suits...

Suburban retail to outperform central malls in 2025

Tourist downtrading trend and high SGD rates are slowing central malls growth.

Xiaohongshu, Taobao could help Singapore brands reach more Chinese clients

Retailers less familiar with the China market could start with Tmall and JD Worldwide.

Retail sales rise 2.2% YoY to $4.1b in October

Driven by stronger online sales with 12.7% share.

Amazon invests $2b in Singapore to boost services in 2023

This funded improvements in infrastructures and additional jobs.

Zebra Technologies, Singapore Manufacturing Federation sign deal to enhance SME growth

The partnership will include training programmes and knowledge sharing.

Business receipts in service industries rise 12.7% YoY in Q3 2024

Information and Communications led business receipts growth.

Secondhand furniture gains traction as Singaporeans embrace circular economy practices

Singaporeans saved 21,970 tonnes of carbon emissions by purchasing secondhand furniture.